Originally published on Best Stocks Category: best stocks to buy now On Friday, there was some odd activity in trading options for Live Nation Entertainment, Inc. (NYSE: LYV). Investors purchased put options on the stock totaling 28,765. The average daily volume of put options is 2,673. Thus this is a 976 percent increase above that number.On Friday, the share price of Live Nation Entertainment dropped $4.52, landing at $67.33. There were 365,506 shares exchanged, much lower than the daily average volume of 2,242,977. The debt-to-equity ratio comes in at 12.85, the quick ratio comes in at 1.04, and the current ratio likewise comes in at 1.04. The firm’s market capitalization is $15.55 billion, its price-to-earnings ratio is 93.92, and its beta value is 1.31. The moving average for the past 50 days for the company is $79.25, and the moving average for the past 200 days is $86.67. Live Nation Entertainment saw a 52-week low of $67.53 and a 52-week high of $126.79 during the period covered by this report.Several different equity research analysts have produced recent assessments of the stock. The stock of Live Nation Entertainment has been given a “c-” rating by TheStreet in a research report published on Wednesday, August 10th. Previously, the company’s shares had a “d+” rating. Goldman Sachs Group lowered their target price on Live Nation Entertainment shares from $130.00 to $112.00 and assigned the company a “buy” rating in a research report released on Friday, November 4th. The report was about the company. Morgan Stanley lowered their price target on Live Nation Entertainment shares from $110.00 to $95.00 and gave the company an “equal weight” rating in a report published on Tuesday, November 1st. Guggenheim lowered their target price on Live Nation Entertainment shares from $140.00 to $120.00 and gave the company a “buy” rating in a report released on Friday, October 7th.Last but not least, in a report published on Wednesday, October 19th, StockNews.com changed its previous rating of “hold” for shares of Live Nation Entertainment to “buy.” Two analysts have given the stock a rating of “hold,” while eight analysts have given the stock a rating of “buy.” Bloomberg.com has given the company an average “Moderate Buy” rating, and the website has set a price objective of $111.50.In other news, on September 8th, the company’s Chief Executive Officer, Michael Rapino, sold 78,000 shares of the company’s stock. For $90.88 per share, the shares were sold for a total of $7,088,640.00, making the average price of each share $90.88. As a direct result of the transaction, the CEO now directly controls 3,645,273 shares of the firm, which have a combined value of about $331,282,410.24. The transaction was disclosed in a legal filing submitted to the Securities and Exchange Commission (SEC), and that filing can be located on the website of the SEC. During the most recent three months, insiders sold 312,000 company stock for a total value of $26,640,900. At present, business insiders have ownership of 4.01% of the company’s shares.Recently, there has been a movement in the proportion of the company’s stock held by institutional investors. During the third quarter, Vanguard Group, Inc. boosted the percentage of Live Nation Entertainment stock owned by 2.7%. After making additional purchases during the most recent quarter, Vanguard Group Inc. now holds 16,333,907 shares, worth a combined total of $1,242,032,000. During the first three months of 2018, Select Equity Group L.P. raised its holdings in Live Nation Entertainment by 18.8 percent. Select Equity Group L.P. now owns 7,396,714 shares after making an additional purchase of 1,172,495 during the most recent quarter. The value of the company’s stock is $870,149. Principal Financial Group Inc. raised its holdings in Live Nation Entertainment by 4.6% during the first quarter of the fiscal year. Principal Financial Group Inc. now has a total of 6,946,242 shares of the company’s stock, which is worth a total of $817,157 after the acquisition of an additional 304,557 shares during the most recent quarter. Fred Alger Management LLC’s ownership percentage in Live Nation Entertainment was up 6.6% during the third quarter. Fred Alger Management LLC now owns 4,503,391 shares of the company’s stock after purchasing an additional 279,814 shares in the last quarter. The value of Fred Alger Management LLC’s holdings in this stock is $342,438,000.Last but not least, during the third quarter, Victory Capital Management Inc. boosted the percentage of Live Nation Entertainment stock owned by 20.9%. Following the acquisition of a further 708,397 shares during the most recent fiscal quarter, Victory Capital Management Inc. now holds a total of 4,093,441 shares of the company’s stock, which has a market value of $311,265,000. Institutional investors and hedge funds own 71.08% of the company’s stock, with a market value of $311,265,000.The corporation known as Live Nation Entertainment, Inc. is in the business of putting on live performances. It operates under three distinct business pillars: concert production, ticket sales, and marketing and sponsorship. Concerts produce live music festivals, maintains and manages music venues, promotes live music events at its venues or third-party venues that it rents, generates material linked with these endeavors, and manages musicians in addition to providing other services to them.